Naviti Resort is a luxurious beachfront property located on Fiji’s Coral Coast. It boasts stunning views of the Pacific Ocean and offers an array of amenities, including a spa, multiple restaurants, and a variety of water sports.
But who exactly owns this paradise on earth? Let’s take a closer look.
History of Naviti Resort
Naviti Resort was originally built in 1988 by a group of Australian investors. It was then sold to the Regent International Hotels chain in 1994 and underwent extensive renovations before reopening as part of the Regent family.
In 2007, Naviti Resort was acquired by Warwick International Hotels and Resorts, which rebranded it as Warwick Fiji. The resort underwent another round of renovations and upgrades under the new ownership.
Current Ownership
As of 2021, Naviti Resort is owned by the Warwick Hotels and Resorts chain. The company has properties all over the world, including Europe, Africa, Asia, and the South Pacific. Their portfolio includes both luxury resorts and business hotels.
Warwick Hotels and Resorts is part of the Warwick International Group, which also includes other hotel brands such as Heritage Hotels and Château Hotels. The group is privately owned by Richard Chiu, a Hong Kong-based entrepreneur.
Impact on Local Economy
Naviti Resort/Warwick Fiji has had a significant impact on the local economy in Fiji. The resort employs hundreds of Fijians in various positions such as hospitality, maintenance, and administration. Additionally, many local suppliers provide goods and services to the resort.
The presence of Naviti Resort has also contributed to tourism growth in Fiji’s Coral Coast region. This has led to the development of other businesses such as restaurants, souvenir shops, and tour operators in nearby towns.
Conclusion
In conclusion, Naviti Resort is currently owned by the Warwick Hotels and Resorts chain, which is part of the privately-owned Warwick International Group. The resort has changed hands several times over the years but has consistently been a major player in Fiji’s tourism industry. Its impact on the local economy cannot be overstated, as it provides employment opportunities and contributes to the growth of other businesses in the area.